Property Details

Property ID : LB22.199/SPL25.275

For Sale
$225,000.00 - Liquor Store

A newly remodeled Liquor and Wine Store, located Southeast of the City of Rochester, NY in a High-Income Community.

Established in 2015 with increasing sales every year.

Had over $100,000 in build-out costs.

Located in a modern strip mall setting with many other retail stores next to it.

There is ample well-lit parking available.

Has 4,456 square feet of retail floor space and storage.

This store specializes in fine wines and spirits

Wine and Liquor inventory valued at cost of $175,000 is NOT included in asking price, but is available to purchase by the Buyer of this store.

ASSETS/FIXTURES/EQUIPMENT: (included in asking price)

Furniture, Fixtures, and Equipment at a Fair Market Installed Value of $40,000.

LEASE ARRANGEMENTS:

Gross Rent will be $10,511.68/month in October, 2018. Current Lease ends in September 2020 with options to renew.

SALES:

2017

Sales: $ 772,202

PRICE/FINANCING:

The Asking Price is $225,000. Seller financing on the inventory is available and negotiable.

COMMENTS:

Location is the Key here. There is no competition nearby and it is located in a very busy retail and business district. Turning this location into more of a discount liquor store could be a great asset. This is an ideal opportunity for an owner operator.